Business

Nassim Taleb.Mohd Zakir/Getty Images “The Black Swan” author Nassim Taleb says he’s focused on hedging against a market collapse. He said the market is flashing parallels to prior crashes, noting that it is the most fragile in 20 years. He pointed to risks like high debt levels and “crazy” stock …

(Bloomberg) — Chinese stocks fluctuated in early trading Tuesday amid growing debate over how far the rally can go. Most Read from Bloomberg The CSI 300 Index was down 0.3% as of 10:28 a.m. local time, after falling as much as 1.4% earlier. It rose 1.9% on Monday. A gauge …

The crypto market soared on Monday as U.S. presidential candidates battle to win the crypto vote. Today’s news is that Kamala Harris will support crypto legislation to “make sure owners of and investors in digital assets benefit from a regulatory framework.” While the details were sparse, the sentiment was enough …

Getty Images; Jenny Chang-Rodriguez/BI Positioning in financial stocks is light relative to other sectors, Morgan Stanley says. It sees the group as underappreciated, citing its exposure to economic strength. Investors have been sticking to defensive and quality stocks despite strong data. Investors are lingering in defensive trades that don’t take …

Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site James Howells, etched in the history books for accidentally discarding Bitcoin (CRYPTO: BTC), which is worth more than half a billion dollars today, took a …

A couple of years ago, semiconductor specialist Nvidia attempted to acquire a little-known company called Arm Holdings (NASDAQ: ARM). Unfortunately for Nvidia, the company abandoned the deal as long-winded court cases revolving around antitrust concerns seemed to have no end in sight. Following the failed acquisition, Arm pursued an initial …

(Bloomberg) — Ryan Xu was a dream customer for Germany’s automakers. The Guangdong-based entrepreneur and her husband own a Porsche 911 and a Mercedes-Benz G-Class and were among the first buyers of the electric Porsche Taycan. Most Read from Bloomberg But her views on German cars have soured as Chinese …

Nvidia’s (NVDA) record close on Monday comes as AI hardware stocks continue a recent tear fueled by investor enthusiasm over surging artificial intelligence demand. Nvidia shares are up 8% from last week, pushing the chipmaker closer to unseating Apple (AAPL) as Wall Street’s most valuable company. The stock’s rally follows …

US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies. The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for …

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